California § 22307 - The board may authorize the transfer and disbursement of funds from the retiremen

Full text of California Public Contract Code - PCC § 22307 — The board may authorize the transfer and disbursement of funds from the retiremen, with citation guidance and answers to common questions.

§ 22307. The board may authorize the transfer and disbursement of funds from the retiremen

(a) The board may authorize the transfer and disbursement of funds from the retirement fund for the purpose of carrying into effect this part and Part 14 (commencing with Section 26000). That action shall require signatures of either the board chairperson and vice chairperson, or the signatures of the board chairperson or vice chairperson and the chief executive officer or any employee of the system designated by the chief executive officer. (b) Notwithstanding Section 13340 of the Government Code, the board may disburse funds for benefits payable under this part and Part 14 (commencing with Section 26000), for the payment of refunds and for investment transactions. Funds for these purposes shall not require appropriation by the annual Budget Act. (c) Funds for the payment of administrative expenses are not continuously appropriated, and funds for that purpose shall be appropriated by the annual Budget Act.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 22307

What does Public Contract Code - PCC § 22307 cover?

Section 22307 ("The board may authorize the transfer and disbursement of funds from the retiremen") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite California § 22307?

A common citation format is "Public Contract Code - PCC § 22307" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of California law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.

How does California § 22307 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in California.